P318
China will open its financial sector to major US financial firms such as BlackRock and Blackstone.

Status: Pending
Predicted
May 2026
Timeline
Near term after May 2026
Category
Global Economy
Confidence
High

What Jiang said

“China has essentially agreed to open up its financial sector”

Analysis

He says the presence of Wall Street executives and Scott Bessent's leadership show the China visit is mainly about finance. He argues China has effectively agreed to end a major source of the trade war by opening its financial sector.

Source lecture

Status history

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